Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) Short Interest Down 24.6% in December

Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) was the target of a significant decline in short interest in December. As of December 15th, there was short interest totaling 135,079 shares, a decline of 24.6% from the November 30th total of 179,237 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily volume of 267,119 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 267,119 shares, the short-interest ratio is currently 0.5 days. Currently, 0.4% of the shares of the stock are short sold.

Institutional Investors Weigh In On Invesco KBW High Dividend Yield Financial ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. CreativeOne Wealth LLC raised its holdings in Invesco KBW High Dividend Yield Financial ETF by 9.4% in the 1st quarter. CreativeOne Wealth LLC now owns 29,009 shares of the company’s stock valued at $419,000 after buying an additional 2,489 shares during the period. Jones Financial Companies Lllp raised its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 5,978.0% in the 1st quarter. Jones Financial Companies Lllp now owns 12,156 shares of the company’s stock valued at $176,000 after acquiring an additional 11,956 shares during the period. Integrity Alliance LLC. purchased a new stake in shares of Invesco KBW High Dividend Yield Financial ETF in the 1st quarter valued at approximately $153,000. Mattson Financial Services LLC boosted its position in shares of Invesco KBW High Dividend Yield Financial ETF by 19.4% during the 1st quarter. Mattson Financial Services LLC now owns 5,110 shares of the company’s stock worth $74,000 after purchasing an additional 830 shares during the period. Finally, Gradient Investments LLC increased its holdings in Invesco KBW High Dividend Yield Financial ETF by 8.3% in the 2nd quarter. Gradient Investments LLC now owns 523,842 shares of the company’s stock valued at $7,266,000 after purchasing an additional 40,206 shares during the last quarter.

Invesco KBW High Dividend Yield Financial ETF Trading Down 0.1%

NASDAQ:KBWD traded down $0.01 during trading hours on Tuesday, hitting $13.65. 183,884 shares of the stock were exchanged, compared to its average volume of 240,351. The company has a market cap of $420.97 million, a P/E ratio of 10.83 and a beta of 1.15. The firm’s fifty day moving average price is $13.65 and its 200 day moving average price is $13.81. Invesco KBW High Dividend Yield Financial ETF has a 52-week low of $11.96 and a 52-week high of $15.80.

Invesco KBW High Dividend Yield Financial ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were paid a $0.1478 dividend. This is a positive change from Invesco KBW High Dividend Yield Financial ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Monday, December 22nd. This represents a c) annualized dividend and a dividend yield of 13.0%.

Invesco KBW High Dividend Yield Financial ETF Company Profile

The Invesco KBW High Dividend Yield Financial ETF (KBWD) is an exchange-traded fund that mostly invests in financials equity. The fund tracks a dividend-yield-weighted index of US financial firms. KBWD was launched on Dec 2, 2010 and is managed by Invesco.